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SF Express Increases Capital to 200 Million;DB Schenker Takes Action to Mitigate U.S. Tariff Impact;TikTok Ranks Seventh in Global Brand Value 500
Release Date:2025.01.24 Cate:News1. SF Express Increases Capital to 200 MillionOn January 24, it was reported that SF Express Co., Ltd. had undergone a business registration change, increasing its registered capital from 150 million RMB to 200 million RMB. Founded in July 2013, the company’s legal representative is Wang Shuhuai. Its business scope includes international freight forwarding, economic and technical consulting, tech
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Marching Forward with Honors | Yonyou OBT Recognized as a National High-Tech Enterprise and a Shenzhen (Greater Bay Area) Well-Known Brand
Release Date:2025.01.24 Cate:NewsRecently, Yonyou OBT Group has been recognized for its outstanding performance and continuous innovation in the industry, receiving two prestigious awards: the National High-Tech Enterprise certification and the Shenzhen (Greater Bay Area) Well-Known Brand title.These accolades not only affirm Yonyou OBT Group's comprehensive strength, information systems, equipment manufacturing capabilities,
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DHL Increases Investment in China’s Logistics Sector;Logistics Company Updates IPO Filing; Guo Huo Hang Expects 2024 Net Profit to Reach 1.8-1.99 Billion RMB
Release Date:2025.01.23 Cate:News1. DHL Increases Investment in China’s Logistics SectorOn January 23, DHL CEO Matthias Böhmer stated in an interview with China News Agency that the company will continue to increase its investment in the Chinese market. Despite the complex and changing global trade environment, Böhmer emphasized that China's manufacturing sector remains unique. China is one of DHL's fastest-growing log
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China Logistics, China Post 2024 Annual Data; COSCO Shipping Issued 2 Billion Yuan Bonds; Cainiao Opens New Overseas Warehouse!
Release Date:2025.01.22 Cate:News1.China Post 2024 Revenue of 702.58 Billion YuanOn January 22, it was reported that China Post Group's 2024 revenue reached 702.58 billion yuan, with a profit of 86.52 billion yuan. As the "national team" and leader in the logistics industry, China Post achieved a revenue increase of 1.53% in 2024, with profits growing daily by 2 small targets. The express delivery business made a br
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TowardSky’s "Global Sustainable Supply Chain Student Competition Award" Results Announced, Xie Shengwei to Present Awards to Winning Teachers and Students in Geneva!
Release Date:2025.01.21 Cate:NewsAs a large cross-border logistics company that has been operating for 16 years, TowardSky has always been committed to helping Chinese brands expand overseas with ease. The company offers one-stop, multi-scenario, end-to-end cross-border logistics solutions for mid-to-large-sized items delivered directly to the door.About TowardSky and the Global Sustainable Supply Chain Student Competition Award:
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Temu’s Five Semi-Managed Sites to Go Live Soon; JD Express Reports 30% Growth in Korean Shipments; SF Asia Signs New Cooperation Agreement
Release Date:2025.01.21 Cate:News1. Temu’s Five Semi-Managed Sites to Go Live Soon On January 21, according to official information from Temu, five semi-managed sites are scheduled to go live soon: Colombia (January 24), Norway (February 14), the Philippines (February 18), the UAE (February 28), and Switzerland (March 5). Additionally, upcoming fully-managed sites include Austria (February 17), Korea (February 21), Japan (Februa
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SF Express and China Post Announce Latest Performance; A Logistics Company Plans Overseas Listing; TikTok Ban Unanimously Approved
Release Date:2025.01.20 Cate:News1.SF Holding's December 2024 Revenue Reaches 26.4 Billion Yuan On January 20, SF Holding announced its operating data for December 2024, with monthly revenue reaching 26.437 billion yuan. The express logistics business revenue totaled 19.636 billion yuan, an 8.64% year-on-year increase, with a business volume of 1.35 billion shipments, up 19.47%. The revenue per shipment was 14.55 yuan. The su
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SF Express Launches New Consolidation Service; Jiayou International Returns 320 Million Yuan in Raised Funds; Six Major Listed Airlines Announce December Cargo Data
Release Date:2025.01.17 Cate:News1. Jiayou International Returns 320 Million Yuan in Raised FundsOn January 17, Jiayou International (603871) announced that the company had returned 320 million yuan of raised funds, which were temporarily used to supplement working capital, back to the dedicated account for raised funds. This amount was initially approved at a board meeting on February 6, 2024, with a cap of 340 million yuan and
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JCheng International Signs New Partnership; TikTok Denies U.S. Business Sale Rumors; "First Cross-border E-commerce Stock" Shifts Focus to Overseas Warehouses
Release Date:2025.01.16 Cate:News1. Lege Shifts Focus to Overseas WarehousesOn January 13, Lege Co., Ltd. (300729.SZ) announced its 2024 annual performance forecast, with an expected net profit of 3 to 3.4 billion RMB for shareholders. Lege has gradually shifted its business focus toward overseas warehouses. On December 3, Lege announced the board's approval to invest in the "Apple Valley Overseas Warehouse Project"
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A Lively Start to Cross-Border E-commerce Stocking for the Chinese New Year: Cainiao Overseas Warehouses See Nearly 30-fold Increase in New Year Gift Box Stocking!
Release Date:2025.01.15 Cate:NewsAs the Chinese New Year approaches, products featuring Chinese New Year elements are selling like hotcakes overseas.In an effort to seize the business opportunities brought by the "Chinese New Year economy," many cross-border merchants have ramped up their stock in overseas warehouses. According to Cainiao Global Supply Chain data, since December 2024, New Year gift boxes have replaced C
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SHEIN, TEMU, SF Express, China Southern Airlines Rank Among Top 100 Global Brands; UPS Adjusts Parcel Delivery Model; Cainiao Responds to Split Rumors
Release Date:2025.01.14 Cate:News1. 2024 Top 100 Global Brands List ReleasedOn January 14, the second China Brand Image Overseas Communication Forum and the release conference of the 2024 China Enterprise ESG Blue Book took place in Beijing. During the event, People's Daily Overseas and GYBrand Global Brand Research Institute jointly released the 2024 Top 100 Global Chinese Brands. In the e-commerce logistics sector, notable
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Yida Cross-border Listed on the New Third Board;China Post’s International Airmail Routes Reach 1,168 ;China Cargo Airlines to Introduce 10 More Freighters
Release Date:2025.01.13 Cate:News1. Yida Cross-border Listed on the New Third BoardOn January 13, it was reported that Yida Cross-border has been listed on the New Third Board. The company's operating revenue for 2023 and the first quarter of 2024 were RMB 2.908 billion and RMB 1.349 billion, respectively, with net profits attributable to shareholders of RMB 63.33 million and RMB 27.01 million. Yida Cross-border is a logisti
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2025 National Postal Work Conference Report ,TEMU Global Downloads Near 900 Million
Release Date:2025.01.10 Cate:News1. 2025 National Postal Work Conference Report On January 10, the State Post Bureau released the 2025 National Postal Work Conference Report. The report emphasizes the implementation of the strategy to expand domestic demand, supporting the deep integration and mutual benefit with new business models such as live-streaming e-commerce and cross-border e-commerce, contributing to over 13 trillion yu
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Why is it said that the "Going Abroad" strategy for logistics companies is a top leadership project?
Release Date:2025.01.10 Cate:NewsSteven Wang: Currently, the domestic e-commerce market has entered a phase of market saturation, and e-commerce logistics is also in a stage of relative stock competition. In order to seek growth, many domestic logistics companies are turning their attention to overseas markets. With overcapacity in various industries in China today, expanding overseas has become a prevailing trend.Cross-border e-
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DPD and GLS Collaboration; Temu’s Semi-Managed Business Expansion; Deutsche Bahn Xinhua Launches New International Cargo Route
Release Date:2025.01.09 Cate:News1. DPD and GLS Collaboration On January 9, DPD announced a collaboration with GLS. This partnership allows customers to freely choose either DPD or GLS parcel shops for sending and receiving packages. The shared establishment of parcel stations further enriches customers' options, making the parcel sending and receiving process more efficient and convenient. In terms of business expansion, DPD
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Major Moves in Logistics: Sinotrans, Pan-Asia International, and YTO Express Announce Acquisitions
Release Date:2025.01.08 Cate:News1. Sinotrans Takes Major ActionOn January 8, Sinotrans announced that China Bank Fund Management Co., Ltd. and China Bank Asset Management Co., Ltd. submitted the registration, listing, and application materials for the China Bank-Sinotrans Storage Logistics Closed-End Infrastructure Securities Investment Fund to the China Securities Regulatory Commission (CSRC) and the Shanghai Stock Exchange (SS
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E-Commerce New Shipping Routes, Powered by Star Acceleration | The 2024 Yixing E-Commerce Day Successfully Concluded!
Release Date:2025.01.07 Cate:NewsOn December 20, 2024, Yixing Integrated Shipping once again joined forces with industry elites to celebrate the grand occasion of the 2024 Yixing E-Commerce Day. This event was vibrant and exciting, not only showcasing the innovation and strength of Yixing's ZEX West US E-Commerce Express in the cross-border logistics sector but also expressing sincere gratitude to customers, partners, and gov
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SF Express and Kerry Logistics Sign HKD 745 Million Purchase Agreement; SHEIN Ranked Fifth Among Global Top 10 Unicorns; Pinduoduo Expands Cross-Border Free Shipping to Singapore and Other Regions
Release Date:2025.01.07 Cate:News1. SF Express and Kerry Logistics Sign HKD 745 Million Purchase Agreement On January 7, Kerry Logistics (00636) announced that it plans to repurchase perpetual convertible securities. According to the announcement, the company signed a purchase agreement with SF Express (Hong Kong) Co., Ltd. for HKD 745 million. The total principal of the repurchased convertible securities is HKD 780 million, wit
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China Cargo Airlines Partners with Cathay Pacific; Southern Cargo Airlines Introduces a New Freighter; Zonteng and JD Logistics Launch New Routes
Release Date:2025.01.06 Cate:News1. China Cargo Airlines Signs Three-Year Agreement with Cathay Pacific On January 6, China Cargo Airlines announced that it has officially signed a "General Services Framework Agreement" with Cathay Pacific Airways. The agreement aims to provide service arrangements in multiple areas, including but not limited to air cargo space sales and services, ground handling services, software ser
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2024 Global Top 50 Logistics Companies Ranking;TEMU Officially Partners with UPS;GuCang Overseas Warehouse's Total Area Exceeds 2 Million m²
Release Date:2025.01.03 Cate:News1.2024 Global Top 50 Logistics Companies RankingOn January 3, it was announced that the 2024 Global Top 50 Logistics Companies Ranking was jointly released by the International Logistics and Transport Association, China Communications and Transportation Association, and the UNIDO China Investment Promotion Office. The top 10 logistics companies are:DHL (1st),UPS (2nd),FedEx (3rd),Maersk (4th),Kueh
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JD Group Deepens Strategic Cooperation with China Merchants Group; China Cargo Airlines' Market Value Exceeds 100 Billion Yuan; A New International Cargo Airline is Established!
Release Date:2024.12.31 Cate:News1. JD Group Cooperates with China Merchants GroupOn December 31, JD Group and China Merchants Group held a strategic cooperation signing ceremony at JD's global headquarters in Beijing, marking the start of the third strategic cooperation cycle between the two. Xu Ran, Vice Chairman of JD Group’s SEC and CEO of JD Group, and Shi Dai, General Manager of China Merchants Group, attended the cere
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Major Moves from China Logistics Group and China Post; Richard Liu Increases Investment by 100 Million RMB in JD Warehousing and Logistics; A Cross-border Logistics Company Secures $3.5 Million in Funding
Release Date:2024.12.30 Cate:News1.Cross-border Logistics Company Secures Over $20 Million in Total Funding On December 30, it was reported that cross-border logistics company Jumppoint Logistics Technologies recently secured $3.5 million in an A+ funding round from existing investor MindWorks Ventures. This brings its total financing to over $20 million. The new funds will be used for technological upgrades, enhancing AI algorit
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DSV May Sell DB Schenker Warehouses; China Southern Logistics Direct Delivery Across the U.S.; China Eastern Logistics Completes Transactions Worth 30 Million Yuan
Release Date:2024.12.27 Cate:News1. DSV May Sell DB Schenker Warehouses On December 27, it was reported that DSV plans to take over DB Schenker in the second quarter of next year. With significant overlap in the warehousing facilities of both companies, they plan to merge by 2025, leading to the sale of many existing DB Schenker warehouses. According to Citibank, DSV may sell over 1.6 million square meters of warehouse facilities
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Cross-border E-commerce is Returning to the Essence of Trade and Retail!
Release Date:2024.12.26 Cate:NewsWith the arrival of the AI era, the barriers to entry for cross-border e-commerce sellers are continuously lowering. Various AI tools have been well-applied in copywriting, language translation, video editing, image processing, and more, reducing sellers' reliance on professional store operators. Cross-border e-commerce platforms, relying on big data analysis and large AI models, are providing
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China Cargo Airlines Completes IPO on Shenzhen Stock Exchange;Lufthansa's Acquisition Approved;JD Logistics' New Overseas Warehouse in Japan
Release Date:2024.12.26 Cate:News1. China Cargo Airlines Completes IPO on Shenzhen Stock ExchangeOn December 26, China Cargo Airlines Co., Ltd. announced the results of its initial public offering (IPO) and listing on the Shenzhen Stock Exchange Main Board. The stock is abbreviated as "China Cargo Airlines." The offering includes strategic placement, offline issuance, and online issuance, with a price of 2.30 yuan per s
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Global Freight Forwarder Announces New Acquisition; DHL Forms a New Joint Venture; SF Express’s H-shares Added to Hong Kong Stock Connect
Release Date:2024.12.25 Cate:News1. Global Freight Forwarder Announces New AcquisitionOn December 25, Scan Global Logistics, known as the "freight forwarder harvest machine," announced the acquisition of ITN Logistics Group, a leading private Canadian freight forwarding company. The acquisition is expected to be completed in the first quarter of 2025. ITN provides a full suite of global logistics solutions across transp
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TEMU Partners with Warehouses to Support Platform Logistics; DHL Logistics Center Acquired
Release Date:2024.12.24 Cate:News2. TEMU Partners with Warehouses to Support Platform LogisticsOn December 24, TEMU announced that its partnered warehouses now support platform logistics. The platform will use the most cost-effective channels for shipping, based on the logistics channels supported by the partnered warehouse service providers. TEMU has completed the upgrade of its USPS account, with over 50 partnered warehouses no
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FedEx Announces Q2 2025 Fiscal Year Results; Four Major Express Giants Release Latest Earnings; TEMU Launches New Features
Release Date:2024.12.23 Cate:News1.FedEx Announces Q2 2025 Fiscal Year Results On December 23, FedEx reported its Q2 fiscal year 2025 results for the period ending November 30, 2024. Total revenue for the quarter was $21.97 billion, down 1% compared to $22.17 billion in the same period last year. Operating income for the quarter was $1.05 billion, a decrease of 18% from $1.28 billion in the same period last year. Net income for t
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GuoHuo Aviation Starts IPO Subscription; JD Logistics Fully Promotes “Three Networks in Parallel”; GoodCang Becomes a Partner Warehouse for TikTok Shop
Release Date:2024.12.20 Cate:News1. GuoHuo Aviation Starts IPO SubscriptionOn December 20, GuoHuo Aviation, which plans to list on the Shenzhen Stock Exchange’s main board, officially started its IPO subscription. The company will issue a total of 132.118 million shares, with 19.818 million shares available for public subscription. The IPO price is set at 2.30 yuan per share, with a price-to-earnings ratio of 25.56x. The subscri
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International Freight Forwarder Company Announces IPO Plans;China COSCO Shipping and DHL Chengdu Gateway Expansion and Operation
Release Date:2024.12.19 Cate:News1. International Freight Forwarder Company Announces IPO Plans December 19 News: New Century Logistics (NASDAQ: NCEW), founded in July 2002 and headquartered in Hong Kong, employs 46 people and is an international freight forwarding and logistics service provider. The company plans to issue 1.3 million shares at a price range of $4 to $5 per share to raise $6 million, a 50% decrease from the previ
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- 2025-01-24
- 2025-01-23